Maria wishes to have $99,880 in 20 years from her $50,000 investment. Calculate the monthly compounded rate

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Maria wishes to have $99,880 in 20 years from her $50,000 investment. Calculate the monthly compounded rate of interest for the investment.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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Question Posted: Aug 30, 2024 09:05 AM

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Maria wishes to have $99,880 in 20 years from her $50,000 investment. Calculate the monthly compounded rate

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Mathematics Of Business And Finance

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